Quote:
Originally Posted by DateDoc
Did you fail math class??? Income - Expenses = Profit/Loss. If you cut expenses either your profit will grow or your debt will decrease.
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NO I didn't fail math. Why don't you get numbers from the actual budget and show me REALISTIC cuts you can make and come up with a balanced budget. Take the 2010 budget for example.
Total revenue $2.381 trillion
$664 billion - Military
$695 billion ? Social Security
$453 billion ? Medicare
$290 billion ? Medicaid
$164 billion ? Interest on National Debt
TOTAL $2.266 trillion
Amount left over $115 billion.
All other expenses $1.171 trillion.
So everything else needed to get by 90% just to give you a balanced budget without touching Military, SS, Medicare, Medicaid. Now how is a 90% cut even remotely realistic?
Even if you decided to be "fair" and cut everything equally you'd have to cut everything by 30%. Is that realistic? I'm sure granny is going to love getting her $1000 SS check cut down to $700. I'm sure our fighting men and women will love their 30% pay cuts too.
And that just balances the budget it doesn't even reduce the deficit it just prevents it from getting larger. There was no way to get the 2010 budget balanced without increased taxes.
See I use actual DATA instead of spouting nonsensical crap that's not backed up by anything.